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- Solana’s founder has argued that the quantum computing breakthrough is not far away, as it could be fully set in just five years.
- He has called on developers to migrate Bitcoin to a quantum-resistant cryptographic stack.
In our previous report, we discussed the latest findings by Google Quantum Researcher Craig Gidney, which indicate that just 1 million noisy qubits or less is required to take down 2048-bit RSA keys in under a week.
According to that update, Bitcoin (BTC) depends on elliptic curve cryptography. Fascinatingly, this is very similar to the mathematical principle in RSA.
Some experts have argued that the 256-bit encryption used by Bitcoin cannot be easily breached since it is far stronger than the RSA keys used in the study. However, another school of thought has countered this point, claiming this may not become a debate once exponential scaling is considered.
Regardless of the possibility, Gidney noted in his research that the breakdown of Bitcoin by quantum computing may not happen anytime soon. His reason is that IBM’s Condor, the most powerful computer to date, only tops out at 1,121 qubits.
Solana Founder Joins the Quantum Computing and Bitcoin Discussion
Almost four months after we examined this report, Solana founder Anatoly Yakovenko has added his voice to the discussion; however, he disagrees with the timing stated by Gidney.
At the All-In Summit 2025, Yakovenko cautioned that the quantum revolution could be witnessed sooner than expected. Specifically, he believes that there is a 50% odds of Quantum Computing attaining its groundbreaking breakthrough by 2030.
According to Yakovenko, the surest way to prepare ahead is to migrate Bitcoin to a quantum-resistant cryptographic stack. To him, there is no better time to migrate than now. As discussed in our recent coverage, Bitcoin developers have already proposed a hard fork to move funds into quantum-resistant wallets.
Apart from the threat it poses to the crypto industry, the Solana founder believes that it also carries an incredible potential to be a wealth creator.
Quantum computing is such a massive unlock in terms of how much we can process that it’s going to be as big a wealth creator as AI, if we pull it off.
Similarly, Tether CTO Paolo Ardoino has also indicated that quantum computing could be a huge addition to the existing technological breakthrough. According to him, it could help to restore lost Bitcoin and recover lost wallets, as mentioned in our previous news brief.
Already, Solana has taken a bigger step through the introduction of a quantum-resistant storage solution known as Winternitz Vault. As highlighted in our earlier post, this is primarily meant to protect user funds.
Meanwhile, Bitcoin maximalist Michael Saylor believes that the hype around quantum fear is nothing but a marketing strategy. According to him, companies like Google and Microsoft would not even use these quantum computers even if they existed due to the risk imposed on their own businesses and global systems.
Cryptography pioneer Adam Back has also disclosed that quantum computers could become a real threat to Bitcoin in 20 years. Even when this happens, he believes it would not be a major problem since Bitcoin holders would be asked to move their assets to quantum-resistant addresses. More interestingly, this could likely reveal the identity of the mysterious person or persons behind Bitcoin, identified as Satoshi Nakamoto.
